Velarion Records

Psychiatric hospital · Vancouver, Washington · 72 beds · CMS certification number 504013

Rainier Springs

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2024, settled, stamped by CMS August 24, 2026. Seven years on file, every one shown below.

Fiscal 2024 at a glance

Net patient revenue
$23.9M
$23,876,179 · G-3 line 3
Operating expenses
$15.2M
$15,212,117 · G-3 line 4
Result from patient care
$8.7M
$8,664,062 · G-3 line 5
Margin on patient care
36.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $14.6M in its first year on file (2019) to $49.3M in 2025.
  • Its result from patient care: $276K (2023), $8.7M (2024), $17.2M (2025).
  • 4 of the 5 psychiatric hospital peers below with a margin on file also report a gain on patient care for fiscal year 2024.
  • Medicaid paid for 1.0% of its inpatient days and Medicare for 6.8%.
  • DSB ACQUISITION LLC holds 100% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

Seven years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2019
settled
$14.6M
$19.3M
2020
settled
$22.7M
$23.7M
2021
settled
$22.9M
$22.0M
2022
settled
$21.7M
$23.6M
2023
settled
$28.4M
$28.2M
2024
settled
$23.9M
$15.2M
2025
as submitted
$49.3M
$32.0M

Beside its peers

Hospitals of the same type (psychiatric hospital), nearest in size, from Washington first; each on fiscal year 2024.

HospitalBedsNet patient revenueOperating expensesMargin
Rainier Springs72$23,876,179$15,212,11736.3%
Inland Northwest Behavioral Health, Spokane100$30,043,042$29,233,9802.7%
Lourdes Counseling Center, Richland22$16,736,257$19,547,144−16.8%
West Seattle Psychiatric Hospital, Seattle70$31,435,476$30,075,8754.3%
South Sound Behavioral Hospital, Lacey138$45,057,059$37,276,23317.3%
Wellfound Behavioral Health Hospital, Tacoma120$50,816,140$47,141,7637.2%

Patients and payers

Discharges
1,744
S-3 line 14, col 15
Inpatient days
10,139
S-3 line 14, col 8
Beds in use, on an average day
56.0
days ÷ days in year
Occupancy
77.4%
days ÷ bed days
Medicare share of days
6.8%
S-3 cols 6 ÷ 8
Medicaid share of days
1.0%
S-3 cols 7 ÷ 8

Who owns it

  • DSB ACQUISITION LLC100%
  • LIFEPOINT BEHAVIORAL HEALTH, LLC100%
  • LIFEPOINT HEALTH INC100%
  • LIFEPOINT REHAB BLOCKER LLC100%
  • LIFEPOINT REHAB BLOCKER PARENT LLC100%
  • LIFEPOINT REHAB LLC100%
  • LPNT AUTUMN HOLDCO, LLC100%
  • SPRINGSTONE HEALTH OPCO, LLC100%

Related organizations on its own cost report: LIFEPOINT HEALT.

Other hospitals with the same owner: Copper Springs - East (AZ), El Dorado Springs (AZ), Dignity Health East Valley Rehabilitation Hospital (AZ), Dignity Health East Valley Rehabilitation Hospital-Gilbert (AZ), North Alabama Medical Center (AL), Shoals Hospital (AL), Havasu Regional Medical Center (AZ), Canyon Vista Medical Center (AZ), Valley View Medical Center (AZ).

Type of control on its cost report: proprietary, corporation.

Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).

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More psychiatric hospitals in Washington

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 504013. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.

How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read August 24, 2026.

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